Ofcom has provisionally found that Royal Mail breached competition law with the price increases competitor Whistl complained to the regulator about last year. The complaint was lodged by Whistl in January 2014, when the then-TNT Post accused Royal Mail’s price changes to its access services of discriminating against its key competitors in the market. Whistl alleged that Royal Mail was trying to jeopardise its foray into the final mile delivery sector, as it was rolling out a trial of its […]
The Royal Mail board has approved the agreement broached with the Communication Workers Union to end a long-running battle over pay and pension reform.
Analysts have reacted cautiously to Royal Mail’s year end results, which saw the group’s turnover grow 2% year-on-year but annual profit fall by more than a third (37%).
Royal Mail has received approval to revamp its final mile delivery service, and will roll out its Delivery to Neighbour initiative next week. It has received regulatory approval from Ofcom to launch the programme on Monday 1 October, allowing the firm to deliver large items or items that require a signature to a neighbouring address if no one is home to receive them. Until now it was the only major delivery company in the UK who did not offer the […]